ConstitutionDAO (PEOPLE) Price Soars: Analyst Forecasts All-Time Highs – Here’s His Outlook

The decentralized autonomous organization (DAO) token, ConstitutionDAO (PEOPLE), has seen a huge price increase over the last day and week. According to the latest data from CoinGecko, the PEOPLE token price sits at $0.05259 at press time, representing a 53.48% surge in the last 24 hours. Over the past 7 days, the token price has skyrocketed by 79.75%.

PEOPLE has a 24-hour trading volume exceeding $426 million, pointing to high interest and activity around this token.

Leading Analyst Predicts Further Major Growth

Well-known crypto market analyst Alan Santana has provided his outlook for the PEOPLE token on the USDT pairing (PEOPLEUSDT), foreseeing tremendous growth potential.

Santana points out that PEOPLE saw an incredible 777% price increase in its initial “first bullish wave” in late 2023 and early 2024, as the broader crypto market bottomed out and entered a new bull phase. He explains that this major breakout after a bear market is typically only the beginning of a longer-term bull market.

“This bull-market is expected to reach All-Time Highs all across in the year 2025,” said Santana.

PEOPLE’s 2023 to 2026 Roadmap

He laid out his projected roadmap for the PEOPLE token price over the next several years:

  • 2023 – Recovery
  • 2024 – Growth phase currently underway
  • 2025 – New all-time highs peak
  • 2026 – The next bear market begins

According to the Fibonacci trend extension analysis, Santana predicts the PEOPLE token could grow between 268% and 453% in the next price surge.

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This overwhelmingly positive expert analysis bodes well for the prospects of the ConstitutionDAO project and its governance token over the next few years. The decentralized organization that originally formed to bid on a rare copy of the U.S. Constitution has seen its token come surging back to life in 2024, bringing hope of new heights ahead.

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.